Domain name reseller
The World Wide Web is an ever-expanding network that generates new options to make cash on the Web. One of these options is to become a domain name reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is a flourishing marketing niche that you can become involved in.
TLDs and SLDs
A domain is composed of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-letter abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each concrete Top-Level Domain may involve, including the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all DNS records.
Gain Cash From Trading Domains
A lot of Registrars have reseller programs that permit individuals to gain money from selling domains to end clients. If you sign up for such a program, you can initiate your very own Internet business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more clients in local regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Offer Domains Under Your Personal Brand
When you register with a domain reseller program, you will acquire a webspace hosting Control Panel where you can choose the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer invoicing transaction software and site layouts for your online shop, and the automation of the entire process combined with the significant demand for domains render the domain reseller business so alluring. You will either get a ready-made web site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web site and form for placing orders. Typically, you have the option to pick between the two options, so it all revolves around how experienced you are in these affairs. As a domain reseller, you will operate on behalf of your very own brand name and not under the Registrar's brand.
Earn Revenue From Providing Web Hosting Solutions Too
An appropriate supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to clients who wish to manage their web site and demand both a domain name and a web hosting package. A few companies have such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free billing software to charge your customers. You can then offer domains and shared web hosting plans to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to users from all around the world.